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Sold on 19 Apr 2024 for $995,000

2/79 Powell Street
Ocean Grove VIC 3226

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 488m2
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Property Details for 2/79 Powell St, Ocean Grove

2/79 Powell St, Ocean Grove is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 488m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Townhouse sold in Ocean Grove in the last 12 months.

Building Type
Townhouse
Land Size
488m2
Local Government
Greater Geelong
Lot/Plan
2/PS812308

Last Listing description (April 2024)

The Feel:
Step into thoughtfully refreshed spaces and experience the laidback comfort of this 3-bedroom home, offering superb lock-and-leave living and a prime location mere footsteps to the Ocean Grove town centre. On its own title and privately set to the rear of a battleaxe allotment, the freestanding residence seamlessly combines quality finishes with house-like proportions, providing an ideal opportunity for investors, downsizers, first home buyers, or young families seeking a relaxed coastal lifestyle. Set in a fantastic beachside locale, you’ll enjoy unparalleled walkability to cafes, restaurants, and shops, striking the perfect balance between peace and convenience.

The Facts:

-Comfortable & convenient 3-bedroom home, updated for modern living
-A coveted inner-village location places everyday amenities on your doorstep
-Single level design reveals a surprisingly spacious open plan layout, awash with glorious northern light
-A haven for relaxation, the home’s living room is backdropped by the ambient glow of a gas log fire
-Oversized kitchen features elegant stone benchtops, ample bench & storage space & breakfast seating
-Entertaining is made easy with Westinghouse double oven, Bosch 5-burner cooktop, and Fisher & Paykel d/w
-Adjoining dining area provides access to the rear alfresco courtyard for effortless indoor-outdoor enjoyment
-Accommodation includes 3 bedrooms, all fitted with BIRs & ceiling fans
-The home is serviced by a main bathroom featuring oversized walk-in shower & separate WC
-Reverse cycle a/c to living room and main bedroom ensures seasonal comfort
-There’s also a 6.5kW solar electricity system for enhanced energy efficiency
-An oversized SLUG offers space for a workshop set-up, while additional off-street parking includes separate parking pad + long in-line driveway
-Sun-filled north-facing courtyard with raised vegetable beds & no lawn to mow
-Situated away from main roads, yet conveniently close to all key amenities
-Leave the car at home and enjoy a leisurely stroll to the thriving town centre shopping & café precinct (250m)
-Enjoy immediate proximity to the playground, walking tracks, exercise facilities & markets of the community park (60m)
-Avoid the summer traffic and walk to the sand & surf of Ocean Grove beach, just 700m from your door
-A perfect option for downsizers, first homebuyers, and investors alike
-Lock-and-leave liveability will also appeal to those seeking an easy-care weekender

The Owner Loves….
“It’s the superb location which makes this house a standout. It’s walking distance to everything – the beach, shops, medical clinic, library, and the Ocean Grove Park. There’s also very little traffic, meaning it’s relatively quiet despite its incredibly convenient position!”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property History for 2/79 Powell St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$995,000
19 Apr 2024
  • 15 Apr 2024
    Sold for $995,000
  • 20 Feb 2024
    Listed for Sale $995,000-$1,090,000

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About Ocean Grove 3226

The size of Ocean Grove is approximately 18.5 square kilometres. It has 22 parks covering nearly 16.5% of total area. The population of Ocean Grove in 2011 was 12,555 people. By 2016 the population was 14,161 showing a population growth of 12.8% in the area during that time. The predominant age group in Ocean Grove is 0-9 years. Households in Ocean Grove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation. In 2011, 75.8% of the homes in Ocean Grove were owner-occupied compared with 76.1% in 2016.

Ocean Grove has 11,294 properties. Over the last 5 years, Houses in Ocean Grove have seen a 36.81% increase in median value, while Units have seen a 21.01% increase. As at 31 October 2024:

  • The median value for Houses in Ocean Grove is $991,968 while the median value for Units is $770,658.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 175 properties listed for sale, and 17 properties listed for rent in Ocean grove on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in Ocean grove.

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Dan Halsey
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Kate Lane
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Bellarine Property - Barwon Heads
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.